Aged care can be a worrying time for a lot of families.
Typically, this process is not undertaken by the client but instead by the families of the children. Ensuring that family assets such as the home are protected, care and accommodation fees are funded, and social security is optimised is highly important. Determining what documentation is needed to place someone in care, ensuring assets are handed on in the event something was to happen, and making sure assets are accessible if needed.
Questions you may ask yourself at this life stage.
- How much is my RAD/DAP?
- How is the RAD/DAP calculated?
- What is a Bond?
- Will I get the Bond back?
- How does it affect my centrelink?
- Do I need to sell my home?
